Which type of insurance might lenders require borrowers to have when taking out an automobile loan?

Collision
Collateral
Health
Property

Answers

Answer 1

Answer:

The answer is A. Collision.

Explanation:

Collision coverage helps pay for the cost of repairs to your vehicle if it is hit by another vehicle. It may also help with the cost of repairs if you hit another vehicle or object.

Answer 2

Collision is the type of insurance which lenders might require borrowers to have when taking out an automobile loan.

What do you understand by the term “insurance”?

An agreement known as an insurance policy provides financial protection or reimbursement against losses from an insurance company to a person or an organization. In order to make payments to the insured more manageable, the company pools the risks of its clients.

Insurance plans are used to protect against the possibility of monetary losses, large and small, resulting from harm to the insured person or her property or from liability for harm or damage to a third party.

There are many various kinds of insurance plans available, and almost any person or organization may find an insurance firm that will insure them for a fee. Auto, health, homeowners, and life insurance are the most popular categories of personal insurance plans.

What is collision?

Collision insurance is a type of auto insurance that pays the insured for damage to their own car that was caused by the insured driver's negligence. To protect drivers in the event of collision damage, this kind of insurance is frequently acquired as an addition to a normal motor policy. Collision insurance, as the name suggests, compensates the insured for harm caused by a real collision. Vandalism and theft-related damage are not covered by it. Additionally, even if the other driver was at fault, it does not cover damage that is paid for by their own insurance.

For your vehicle to be protected against the financial loss that results from physical damage to your vehicle, collision coverage is crucial. Accidents can happen to anyone at any time. Every time an accident occurs, someone is to blame, and that someone may be you.

There is a collision coverage limit, which is the most your insurance will contribute to a covered claim. The real cash worth of your vehicle often serves as your collision coverage limit (its value minus depreciation).

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Related Questions

You work on salary. Normally, you make $375.00 a week. This week you worked 52 hrs.
How much is your gross pay?

Answers

Answer:

658

Explanation:

Posted this question already and no response.

Answers

Answer: A medium of exchange

Explanation:

Identify three strengths of each human service delivery system?

Answers

Answer:

hope it helps

Explanation:

The Medical Model. is the oldest of the three models. Looks at symptoms, illness and sickness.

The Public Health Model. Looks at how illness affects population. Focus is on education, prevention and nutrition.

The Human Service Model. Looks at the client and their environment

Is the following a social organization or a task-oriented organization? college sorority

task-oriented
social

Answers

Answer: social organization

Explanation:

A college sorority is a social organization. College sorority is simply a social club for the females that are in college where the females perform activities together.

Social organization simply has to do with the network of relationships that are in a group and how they are related. Such network is vital in enhancing the relationship in the group.

How to do this question plz answer me​

Answers

Answer: See explanation

Explanation:

Business activities simply refers to the activities that are done in order to provide goods and services for the consumers and also generate profit.

1. The purpose of business activity is:.

To provide goods.

2. An entrepreneur might find setting up a business rewarding as he or she is in control and that may give the person a level of satisfaction. Also, the entrepreneur makes profit which is rewarding as well.

3. Building a good brand image gives credibility to the company and also brings about customer loyalty. Customers want to be associated with good brands. This can also help drive sales and revenue.

SCIENCE
list 5 situations each on how thermal energy can be useful and harmful​

Answers

Explanation:

Uses:

-Cooking

-Heating

-Smoking

-Cooling

-cheap to use

Harmful:

-Can cause high temperatures; cause heat boils, heat stroke

-Pollution of damaging eater ecosystems

-Can only be constructed in areas where temperatures below the earth's surface.

-Needs extensive research

-Can be forced to operate in relatively remote areas

During 2020 Came Corporation transferred inventory to Nolan Corporation and agreed to repurchase the merchandise early in 2021. Nolan then used the inventory as collateral to borrow from Norwalk Bank remitting the proceeds to Carne. In 2021 when Carne repurchased the inventory, Nolan used the proceeds to repay its bank loan. On whose books should the cost of the inventory appear at the December 31, 2020 balance sheet date?
A) Came Corporation
B) Nolan Corporation
C) Norwalk Bank
D) Nolan Corporation, with Came making appropriate note disclosure of the transaction

Answers

Answer:

A) Came Corporation

Explanation:

This type of transaction is called a product financing arrangement by which one company (Came Corporation) facilitates inventory to another company for the purpose of the second company using it as collateral for a bank loan. Came should include the inventory cost in its balance sheet since it gave it Nolan but promised to repurchase it back.

it is 3/4 because 3 +1/4

Answers

Answer:

No, it's [tex]3\frac{1}{4}[/tex]

Explanation:

[tex]3 + \frac{1}{4} \\\\\frac{12}{4} + \frac{1}{4} \\\\\frac{13}{4} = 3\frac{1}{4}[/tex]

No, I think it’s 1 3/4 sorry if I’m wrong

The Internet has created a new market for companies.

True
False

Answers

Answer:true
Explanation: it’s a new form of marketing and reaching audiences like neber before

Answer:

true the internet has created a new market for companies

short notes on Co-Work skill?​

Answers

Answer:

Coworking is an arrangement in which workers of different companies share an office space, allowing cost savings and convenience through the use of common infrastructures, such as equipment, utilities, and receptionist and custodial services, and in some cases refreshments and parcel acceptance services.

When looking for a job, how many hours a week should a person spend looking?

forty hours/week
twenty hours/week
ten hours/week
five hours/week

Answers

Answer:

40 hours a week

Explanation:

I have heard before to spend 6 hours a day looking for jobs. i answered 40 hours for each week and got it right.

Language is the most complex challenge global marketers face.

True
False

Answers

Answer:

False.

Explanation:

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

Some examples of international economic organizations involved in global economy and trade are;

- World Trade Organization (WTO).

- United Nations (UN).

- International Monetary Fund (IMF).

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.

Language is not the most complex challenge global marketers face because they can be translated easily through the use of a software application, an interpreter or simply through the use of other forms of communication.

Why does manufacturing's multiplier effect matter to an economy?
It offers a larger number of goods to choose from.
It has a greater impact than service industries.
It attracts global interest.
It prevents lost time and money.

Answers

Answer:

It has a greater impact than service industries.

Explanation:

How do you consider globalization and workforce diversity as challenges to Human Resource management? Support your answer with practical example

Answers

Answer:

The responses to the given question can be defined as follows:

Explanation:

Throughout the question, the variety and unequal outcomes wouldn't necessarily think violence requiring equal outcomes. Its elephants throughout the space have poor results between black with modest salaries. So being frank, higher related infant mortality, STDs but no school option should occur. Poor schools, poor police-citizens relations, gangs, security, etc.

Get a look at the root causes of the problem and take a good look at it. What we did not see now but the new BLM profile will not function. Black liberal arts colleges have for ages only spoken of creative approaches to also be mocked and they're not black enough. Shoot back, it was a cop.

What is a negative effect of free trade agreements?

Answers

Answer: in particular deplorable working conditions, job loss, economic damage to some countries, and environmental damage globally.

Explanation:

in particular deplorable working conditions, job loss, economic damage to some countries, and environmental damage globally.

According to the video, Industrial Production Managers commonly perform which tasks? Check all that apply.

packaging products for shipping
negotiating with workers and management
maintaining mechanical equipment
reviewing and balancing resources
training assembly workers

Answers

Answer: negotiating with workers and management & reviewing and balancing resources

According to the video, Industrial Production Managers commonly perform the tasks negotiating with workers and management. Thus option (B) is correct.

What is an industry?

An industry can be defined as a group of enterprises or companies or businesses or any entity in the market. An industry is set up by the industrialist to provide goods and services to its customers.

An industry is set up by an industrialist according to the demand of the product in the market. Basically an industry is a profit making enterprise. An industry is an important  for an economy because it gives employment to a large number of people.

According to the video, Industrial Production Managers commonly perform the tasks negotiating with workers and management. Therefore, option (B) is correct.

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Emily pays a monthly fee for a streaming service. It is time to renew. She can charge her credit card $12.00 a month. Or, she can pay a lump sum of $60.00 for 6 months. Which should she choose?

Answers

The 60 for 6 months

if you times 12 by 6 it would be 72

so that means the 60 would be less

Answer:

$ 12.00

Explanation:

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